Company Filing History:
9 out of 17 
4 out of 763 
1 out of 283 
Years Active: 2013-2025
Title: Inventor Spotlight: Mike Colbert
Introduction
Mike Colbert, an innovative inventor based in Las Vegas, NV, has made significant contributions to the field of wagering technology. With a remarkable portfolio of 15 patents, Colbert has developed systems and methods that transform how individuals engage with live events through real-time betting.
Latest Patents
Colbert's most recent patents focus on enhancing the wagering experience during live events. One of his notable innovations is the patent for "Wagering on Event Outcomes During the Event." This system allows for the management of a wagering system that utilizes state information from live events, such as sports games, to determine probabilities and odds for potential future states during the event. By creating a betting market that adapts to real-time information and historical data, bettors can engage with the event as it unfolds, closing the market when outcomes are certain.
In addition, Colbert has developed a patent titled "In-running Wagering." This technique enables the creation and management of wagers based on various possible outcomes that may arise within a live event. By determining an initial state and multiple possible future states of performance parameters, Colbert's system allows bets to be placed through touch-sensitive displays, offering instant payouts to winners who correctly predict outcomes.
Career Highlights
Throughout his career, Mike Colbert has been associated with several innovative companies, most notably Cg Technology Development, LLC. His work has been pivotal in advancing wagering systems, merging technology with entertainment for enhanced user experiences.
Collaborations
Colbert has collaborated with notable industry professionals such as Lee M. Amaitis and Heather Parks. Together, they have played a significant role in the development of sophisticated wagering technologies that have the potential to reshape how users interact with live events.
Conclusion
Mike Colbert's inventive spirit and commitment to advancing technology in the wagering industry reflect his status as a significant inventor. With a focus on real-time engagement and dynamic betting solutions, Colbert continues to pave the way for future innovations that enhance the overall experience of live event participation. His contributions not only benefit bettors but also elevate the entertainment industry's standards.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.